Looking for a lucrative business idea here in Nigeria, these list of 7 small scale business in Nigeria, will give you some in insights and clues on some of the profitable small scale business you can do anywhere in Nigeria.

These businesses are very profitable and even some of these business even requires between 50k-100k to start.

So go through the list and choose from the list any of the business you like.

EGG SALES

Few years ago, I had the chance of working in a poultry farm, while working at the farm, I always wondered, where the people that came to buy eggs, are selling the eggs to, because, some of these people came every week or every 2 weeks, and they all leave the farm with large number of egg crates, because, the farm is somehow big that we used to produce over 200 crates of eggs on a daily basis.

After leaving the farm, I tried to make some findings about the business of the eggs, that’s when I discovered, that, the people that are coming to the farm to buy the eggs, are also reselling the eggs in high quantity.

One of the major reasons why this business is very reliable is because, eggs are always in demand, and you will surely have market for it, it also don’t require as much capital to start.

Once you have a capital of 100k or less, what you just have to do is, to inform people about your business, after that, you will also have to locate a poultry farm, that is not too far from your area, and with low price of the eggs in crates.

The next thing to do is, get some crates, go to the farm and buy your goods.

Please note that, when transporting your goods to your destination, make sure you are very careful with your goods, because, as you also know, eggs are very fragile in nature, so as to avoid having too much of cracks, as this might result in shortage, or even a greater loss over time.

CATERING

This is another lucrative business that is very profitable and also can be start with little capital.

Although, the word catering can be termed into different meanings by many people, some people thinks, caterers only engaged in cooking of food, yes they do that, but their work is not limited to that alone, because, as a caterer, you can also specialised in other areas of catering like cake baking, making of snacks like puff puff, burns, egg rolls, chin chin, and others.

All these snacks are generally accepted in Nigeria, and there is a good market for them all, it’s just that, before you engage in this business, try and take a training on how to do the best kinds of snacks, that has a very good taste, because, this is what will determine, if people will be glued to your products or not.

The training doesn’t take much time, and it’s not so hard to learn, I know many people that sells puff puff, burns, egg rolls and they are making reasonable profits from this business everyday.

One of the thing you have to consider while setting up this business is the location, with 100k or even less you start your own catering business and start making profit as soon as possible, once you get all the things right with the business.

SACHET WATER SALES/DISTRIBUTION

This business can even be started with even no capital in some cases, or at least with as small as 10-20K.

This is a very good business, because, there is no way the producers can sell their products without the involvement of distributors, and that is how the business of sachet water distribution is another good business opportunity.

The business work in the sense that, the distributor request for a certain amount of bags of sachet of water, which the producer will deliver to him or her anytime the distributor want the products.

The distributor makes huge profit from this business because, he or she will be giving commission on every bag sold by him or her, the commission for a bag can vary from 10 to 15 naira or even more, depending on where you are staying, so this means that the larger your customer base, the bigger your profit.

Another reason why I like this business is that, you don’t have to produce or buy anything, it’s the producer that take care of everything, all you just have to do is, to get more customers, because, this will make you earn huge profits on a daily basis.

With this business, you can make up to 5,000 naira, or even more, depending on your customer base.

Check the full list below

https://listicool.com.ng/7-small-scale-business-ideas-in-nigeria/